WASHINGTON — The Mortgage Bankers Association has lowered its mortgage origination forecast again and it looks like 2014 could be the slowest year for the industry in 14 years.

The trade group's economists estimate that lenders will originate $1.065 trillion in single-family loans this year, down 39% from 2013.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.